Problem 11-3 This is data from the Marjean Company: Accounts Receivable $100,000 Inventory 80,000 Fixed Assets $600,000 Accum Deprec 200,000 400,000 Accounts Payable Note Payable Owners' Equity 30,000 150,000 400,000 Burden Co. will buy Marjean Company for $1,500,000. They estimate the Accounts Receivable are worth $ 96,000, the Inventory is worth $90,000 and the Fixed Assets are worth $700,000. The Note Payable is interest only at 10% with the principal due 5 years from today. Everything else is worth its book value. Prepare the journal entry for the purchase on Burden Co.'s books